(VIANEWS) – PCM Fund (PCM), Western Asset/Claymore Inflation (WIA), Valley National Bancorp (VLY) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| PCM Fund (PCM) | 11.62% | 2024-02-13 04:43:05 |
| Western Asset/Claymore Inflation (WIA) | 7.48% | 2024-02-14 16:17:06 |
| Valley National Bancorp (VLY) | 5.33% | 2024-02-09 07:11:05 |
| Union Pacific Corporation (UNP) | 2.11% | 2024-02-21 15:22:39 |
A little less 2K companies listed in the Nasdaq and NYSE pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. PCM Fund (PCM) – Dividend Yield: 11.62%
PCM Fund’s last close was $8.26, 19.02% under its 52-week high of $10.20. Intraday change was -0.6%.
PCM Fund Inc. is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities. It employs fundamental analysis with a focus on top down stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against Barclay's CMBS Investment Grade Index. PCM Fund Inc was formed on September 2, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, PCM Fund has a trailing twelve months EPS of $0.01.
PE Ratio
PCM Fund has a trailing twelve months price to earnings ratio of 826. Meaning, the purchaser of the share is investing $826 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.08%.
Yearly Top and Bottom Value
PCM Fund’s stock is valued at $8.26 at 19:15 EST, way under its 52-week high of $10.20 and way above its 52-week low of $6.88.
Moving Average
PCM Fund’s value is higher than its 50-day moving average of $8.08 and under its 200-day moving average of $8.76.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 9, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 11.62%.
Volume
Today’s last reported volume for PCM Fund is 24980 which is 13.55% below its average volume of 28896.
More news about PCM Fund.
2. Western Asset/Claymore Inflation (WIA) – Dividend Yield: 7.48%
Western Asset/Claymore Inflation’s last close was $8.02, 10.19% under its 52-week high of $8.93. Intraday change was 0.5%.
Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte. Ltd. It invests in fixed income markets across the globe. The fund primarily invests in investment-grade, inflation-linked securities such as U.S. TIPS, corporate bonds, and mortgage backed securities. It seeks to maintain an average portfolio duration of between zero to 15 years. The fund benchmarks the performance of its portfolio against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and Barclays U.S. Government Inflation-Linked All Maturities Index. Western Asset/Claymore Inflation-Linked Securities & Income Fund was formed on September 25, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset/Claymore Inflation has a trailing twelve months EPS of $-0.02.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.26%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 29.2%, now sitting on 16.26M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 21, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 7.48%.
More news about Western Asset/Claymore Inflation.
3. Valley National Bancorp (VLY) – Dividend Yield: 5.33%
Valley National Bancorp’s last close was $8.24, 33.66% under its 52-week high of $12.42. Intraday change was 3.32%.
Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.
Earnings Per Share
As for profitability, Valley National Bancorp has a trailing twelve months EPS of $0.95.
PE Ratio
Valley National Bancorp has a trailing twelve months price to earnings ratio of 8.68. Meaning, the purchaser of the share is investing $8.68 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.61%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 5.33%.
More news about Valley National Bancorp.
4. Union Pacific Corporation (UNP) – Dividend Yield: 2.11%
Union Pacific Corporation’s last close was $247.14, 1.79% below its 52-week high of $251.65. Intraday change was 0.96%.
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.
Earnings Per Share
As for profitability, Union Pacific Corporation has a trailing twelve months EPS of $10.45.
PE Ratio
Union Pacific Corporation has a trailing twelve months price to earnings ratio of 23.88. Meaning, the purchaser of the share is investing $23.88 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 47.34%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Union Pacific Corporation’s EBITDA is 7.61.
More news about Union Pacific Corporation.
